Which of the following results in a "chose in action"?
A) The surviving corporation's right to sue Sean for amounts owed.
B) The right of Alec to sue the surviving corporation for damages.
C) The right of Tyler to a golden parachute if he is terminated after the joining.
D) The right of Byron to fire Tyler after the merger.
E) The right of shareholders to dissent from the joining of the corporations for 30 days following.

Question

Quizplus · Accepted Answer

The surviving corporation's right to sue Sean for amounts owed is a chose in action because it is a right to payment that can be enforced through legal action.

Which of the Following Results in a "Chose in Action